EV Update Media – Electric Vehicles and Battery Industry News & Updates

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India

India- USD 21.3 Bn Electric Scooters And Motorcycles Market Is Set To Register 13% CAGR, Driven By Advancement In Battery Technology And Emergence Of New Distribution Channel, Says Bekryl

According to recently released industry report by Bekryl, Global Electric Scooters and Motorcycles Market size is expected to register 3.4X increase in its revenue by 2028. The industry will be driven by advancement in battery technology and value added features….

Exquisite Range Of E-Bicycles Launched By GeeKay Bikes

Comforting the modern world with some amazing variety of e-bicycles, GeeKay Bikes launched three e-bicycles with some really fascinating features at the 10th India’s No. 1 Bicycle, Fitness, Sports and Electric Vehicles Expo-2019, held at Manpho Convention Center, Bengaluru from…

Ather Scooters Are More Affordable Now

Owning an electric vehicle has become more affordable as the Indian government has reduced the GST rates on EVs from 12 to 5 per cent. As a result of this move, Ather has been able to reduce the on-road prices…

Jitendra E Vehicles Welcomes The Government”s Move To Keep EV Pocket Friendly

The Nasik based Jitendra Electric vehicles welcomed the decision of fixing reasonable GST rates to EVs. The Government of India is already in process of promoting EV’s and making them affordable with Phase 2 of the Faster Adoption and Manufacturing…

Govt. Plans To Invest INR 100 Billion ($1.4 Billion) To Incentivize Electric Vehicle Manufacturing In India

Owing to the fact that India includes some of the world’s most polluted cities, the government is focused toward ensuring reduced greenhouse gas emissions from the automotive sector. Thus, the government has planned to invest INR 100 billion ($1.4 billion)…

KSL Cleantech And China’s Huaihai To Launch 10 EVs In India

The electric mobility segment in India is still at a very nascent stage, allowing companies from all over the world to tap one of the biggest two-wheeler markets in the world. And KSL Cleantech Limited is the latest company to…

GST Council Meeting: Rates On Electric Vehicles, Chargers Slashed To 5%

n a welcome move for e-vehicles manufacturing industry in India, a decision was taken during the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 per cent to 5 per cent…

Hyundai KONA Electric Car Caught Fire, Exploded, Claims Man; Company Reacts

Weeks after Hyundai’s much-awaited EV KONA electric car was launched in India, a news of alleged fire and explosion incident in the electric car is going viral on the internet and social media. Reportedly, the alleged fire and explosion in…

Kia Motors Begin The Trial Production At India Plant

South Korean automotive major Kia Motors on Tuesday commenced trial production at its India plant in Anantapur district of Andhra Pradesh with plans to commercially launch its first vehicle in the second half of 2019. The company has invested $1…

Magenta Power Ropes In HPCL As A Strategic Investor

Eyes 500 EV charging points in FY20 Solar power systems provider Magenta Power has roped in state-owned Hindustan Petroleum Corporation Ltd (HPCL) as a strategic investor as it bids to accelerate deployment of electric vehicle (EV) chargers across India, according to…